Offers over

£250,000

(£267/sq. ft)

2 bed flat for sale
Cressing Road, Braintree, Essex CM7

    • 2 beds

    • 2 baths

    • 2 receptions

    • 936 sq. ft

  • EPC Rating: C

  • Leasehold

Added on

Leaders - Witham

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About this property

  • Gross Rental Yield of 8.88% P.A

  • Two Individual Apartments

  • Potential to Change Back to Duplex

  • Modern Apartments

  • Close to Station

  • Allocated Parking

*A Rare And Interesting Investment Opportunity*

An exciting opportunity to acquire a unique and versatile investment property, ideally situated on the popular Iron View development in Braintree, offering an impressive 8.88% gross yield alongside excellent flexibility for investors and owner occupiers alike.

Originally designed as a duplex apartment, the property has been thoughtfully reconfigured into two individual self-contained apartments, creating a distinctive arrangement with strong rental appeal. The flexibility of the accommodation also offers the opportunity for the property to be converted back to its original duplex layout, should a purchaser wish to do so.

The ground floor apartment features a spacious open-plan living area, offering ample room for both lounge and dining furniture, alongside a generous double bedroom and a well-appointed bathroom. Notably, the current bathroom occupies the space where the original staircase was originally positioned, meaning there is potential to reinstate internal access and restore the duplex configuration.

To the upper floor, the second apartment provides well-proportioned accommodation comprising a comfortable living room, separate kitchen, double bedroom, and bathroom, creating an entirely independent living space.

This unusual setup presents a range of opportunities, whether for investors seeking immediate rental income, buyers looking for a multi-generational living arrangement, or those interested in reconfiguring the property back into a substantial duplex apartment.

Ideally positioned within close proximity to Braintree town centre, the property benefits from easy access to a wide range of local amenities, shops, restaurants, and leisure facilities. For commuters, both Braintree railway station and Braintree Freeport railway station are conveniently nearby, providing direct rail links towards London Liverpool Street via Witham railway station, while excellent road connections via the A120 and M11 motorway make travelling further afield equally accessible.

Combining income potential, flexibility, and an excellent location, this is a truly rare opportunity that must be viewed to be fully appreciated.

Sales Disclaimer

These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.

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More information

  • Tenure

    Leasehold (104 years)

  • Service charge

    £2,000 per year

  • Council tax band

    B

  • Ground rent

    £200

  • Ground rent date of next review

See all recent sales in CM7

Property descriptions and related information displayed on this page are marketing materials provided by - Leaders - Witham. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Leaders - Witham for full details and further information.